Economics

Salvini Says Juncker's Austerity Regime Europe's Real Enemy

  • Rome on collision course with European Commission over budget
  • Nationalist leaders target EU elections in May next year
Bloomberg’s Alessandra Migliaccio reports on Salvini’s comments.Source: Bloomberg
Lock
This article is for subscribers only.

Italian Deputy Prime Minister Matteo Salvini said Europe’s real enemy is Jean-Claude Juncker and the Brussels bureaucracy that pushes budget restrictions and open borders. Italian bonds and stocks tumbled.

Sitting alongside French nationalist Marine Le Pen at an event in Rome, Salvini said that next year’s European Parliamentary elections will be a showdown between those focused on creating jobs and those more concerned with imposing austerity like Juncker, the president of the European Commission, and Pierre Moscovici, the European Union’s economic policy chief.